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The Water Cooler
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Debt ceiling speech
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<blockquote data-quote="SoonerATC" data-source="post: 1581459" data-attributes="member: 9576"><p>I firmly believe that this is NOT a <u>revenue </u>issue, it is a <u>spending </u>issue. There are so many programs, agencies, and expenses the government doesn't HAVE to fund. They have bloated themselves beyond reason. </p><p></p><p>There are billions of dollars being held offshore that will not return to this country until taxation is relaxed. If the government would allow that money to come back, investment and TRUE economic stimulation would take care of itself. Instead, these corporations are threatened with a 35% tax before they do anything with it.</p></blockquote><p></p>
[QUOTE="SoonerATC, post: 1581459, member: 9576"] I firmly believe that this is NOT a [U]revenue [/U]issue, it is a [U]spending [/U]issue. There are so many programs, agencies, and expenses the government doesn't HAVE to fund. They have bloated themselves beyond reason. There are billions of dollars being held offshore that will not return to this country until taxation is relaxed. If the government would allow that money to come back, investment and TRUE economic stimulation would take care of itself. Instead, these corporations are threatened with a 35% tax before they do anything with it. [/QUOTE]
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